For the quarter ending 2026-03-31, VTR had -$583,935K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 59,046 | 72,992 | 68,708 | 71,462 |
| Depreciation and amortization | 382,468 | 352,723 | 357,173 | 990,769 |
| Amortization of deferred revenue and lease intangibles, net | -4,598 | -8,238 | -11,648 | -9,801 |
| Other non-cash amortization | 9,367 | 9,844 | 8,425 | 6,696 |
| (reversal of) allowance on loans receivable and investments, net | - | 0 | 0 | 0 |
| Stock-based compensation | 24,842 | 6,318 | 5,905 | 7,683 |
| Straight-lining of rental income | 6,656 | 10,068 | 26,237 | 8,200 |
| Loss on extinguishment of debt, net | -449 | -53 | -119 | 0 |
| Gain on real estate dispositions | 15,046 | 3,311 | 1,283 | 33,816 |
| Gain on real estate loan investments | 13 | - | - | - |
| Income tax benefit | -19,237 | -2,148 | -8,970 | 749 |
| Income from unconsolidated entities | - | 4,468 | - | - |
| Gain on foreclosure of real estate | - | 0 | - | - |
| Loss from unconsolidated entities | -46,345 | - | 16,167 | 22,828 |
| Distributions from unconsolidated entities | 4,360 | 7,292 | 6,723 | 9,935 |
| Other | 1,561 | -3,246 | -11,169 | -1,475 |
| Decrease in other assets | -10,669 | 16,168 | 66,038 | -15,369 |
| Decrease in accrued interest payable | -29,201 | 29,638 | -16,667 | 22,621 |
| Decrease in accounts payable and other liabilities | -27,632 | 21,763 | 67,846 | 42,308 |
| Net cash provided by operating activities | 394,607 | 471,663 | 378,581 | 475,338 |
| Net investment in real estate property | 971,504 | 308,520 | 1,024,522 | 193,458 |
| Investment in loans receivable | 115 | 69 | 285 | 119 |
| Proceeds from real estate disposals | 47,055 | 54,392 | 9,755 | 135,764 |
| Proceeds from loans receivable | 6,821 | 39,383 | 1,584 | 4,978 |
| Proceeds from sale of interest in unconsolidated entities | - | 0 | - | - |
| Net cash assumed in foreclosure of real estate | - | 0 | - | - |
| Development project expenditures | 72,440 | 96,340 | 58,874 | 67,170 |
| Capital expenditures | -563,391 | - | 337,346 | 299,010 |
| Distributions from unconsolidated entities | - | 33,700 | 0 | - |
| Investment in unconsolidated entities | 5,913 | 15,628 | 15,302 | 9,927 |
| Insurance proceeds for property damage claims | 556 | 2,071 | 2,287 | 583 |
| Net cash used in investing activities | -1,068,505 | -428,722 | -1,177,532 | -204,420 |
| Net change in borrowings under revolving credit facilities | 0 | 0 | -1,346 | 1,128 |
| Net change in borrowings under commercial paper program | 64,993 | -242,969 | - | - |
| Proceeds from debt | 289,501 | 523,647 | 19,651 | 557,519 |
| Repayment of debt | 810,684 | 128,111 | 442,070 | 118,870 |
| Purchase of noncontrolling interests | - | 0 | 2,057 | 0 |
| Payment of deferred financing costs | 7,306 | 4,928 | 652 | 8,733 |
| Issuance of common stock, net | 799,299 | 279,460 | 999,478 | 188,286 |
| Cash distributions to common stockholders | 230,188 | 225,684 | 218,387 | 216,964 |
| Cash distributions to redeemable op unitholders | 1,603 | 1,580 | 1,613 | 1,624 |
| Cash issued for redemption of op units | 2,844 | 206 | 408 | 1,347 |
| Contributions from noncontrolling interests | 15 | 0 | 0 | 0 |
| Distributions to noncontrolling interests | 3,666 | 5,086 | 5,232 | 3,343 |
| Proceeds from stock option exercises | 13,275 | 65,212 | 19,527 | 6,358 |
| Other | -20,829 | -2,868 | -820 | -2,475 |
| Net cash provided by (used in) financing activities | 89,963 | 499,856 | 366,071 | 156,966 |
| Net decrease in cash, cash equivalents and restricted cash | -583,935 | 542,797 | -432,880 | 427,884 |
| Effect of foreign currency translation | -912 | 789 | -1,326 | 2,910 |
| Cash, cash equivalents and restricted cash at beginning of period | 786,137 | 242,551 | 676,757 | 245,963 |
| Cash, cash equivalents and restricted cash at end of period | 201,290 | 786,137 | 242,551 | 676,757 |
Ventas, Inc. (VTR)
Ventas, Inc. (VTR)